Geologists discover new oilfield in north China

Dec 05, 2002 01:00 AM

Geologists have located an area with hundreds of millions of tons of oil and coal reserves around Ningjin county and Nangong city, in southern part of Hebei province, north China.
The Ningjin-Nangong area has a petroleum reserve of approximately 1 bn tons and a coal reserve of more than 17 bn tons as well as rich exploitable gas resources, according to geologists from the Hebei Provincial Geology and Minerals Prospecting Bureau.

The vast Huabei (North China) Plain is a sedimentary plain, which is anywhere from 2,000 to 5,000 meters thick, bearing rich oil, natural gas and coal resources, the geologists noted. The proven oil reserve in the area boasts 976 mm tons and is of high quality. Currently, only 3 mm tons of crude oil are exploited annually.
Moreover, the proven natural gas reserve in the Huabei Plain tops 16 bn cm and the annual gas output in the region is more than 300 mm cm, most of which is piped to the national capital of Beijing.

A research report by the Geological Research Institute under the China Petroleum Prospecting Bureau shows that Huabei Plain also has a 3,000-meter-thick source bed rich in oil gas. And experts have so far selected and marked 11 oil gas-bearing belts for future prospecting.
Meanwhile, the region boasts rich coal and coal gas resources. A coal-gas reserve of over 144 bn cm has been found in the strata around 2,000 meters underground in Dacheng county and at least more than 54 bn cm in the strata of less than 1,500 meters subterranean. Experts predicted that the coal gas reserves in and around the county could be developed for 100 to 200 years with further prospecting at deeper strata.

Source: Xinhua
Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.


The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


Upcoming Conferences
« October 2018 »
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31

Register to announce Your Event

View All Events